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Tuesday, April 27, 2010

Starting Your Home Based Business On A Shoestring Budget‏

Whether seeking a supplemental income or a full-time income, 
many folks have undertaken the task to discover a viable home 
based business solution to meet their personal needs.
 
For most folks who contemplate a home business, a low-cost or 
no-cost solution is not only nice, but also very necessary. Many 
also seek to find a home business that will permit them to 
maintain their regular day job in order to protect their base 
income.
 
Taking the cautious approach to a home based business and 
keeping one`s job during the start-up period is often a very 
good decision. By maintaining one`s job, one can maintain the 
health of their personal finances while permitting their home 
business grow healthy and strong.
 
Fortunately, most home based businesses can be started with 
little or no cash, can be maintained on a shoestring budget, and 
can be operated successfully with only a part-time investment.
 
One day, the business will be strong enough to support itself 
and its owner. When that time comes, it will make good sense for 
the business owner to leave his or her outside job to dedicate 
more time to growing and maintaining their new thriving home 
based business. You will know when that time has finally arrived.
 
The nature of a home based business makes it easy and very 
realistic for most folks to take the plunge into home business 
ownership.
 
Yet, many folks put off starting their own home based business, 
because they have the misconception that they will have to risk 
thousands of their own hard-earned dollars at start-up. Then 
later, if their business fails, they fear they may be forced to 
take out a second mortgage on their house just to stay out of 
bankruptcy.
 
Are you one of these folks? Do you let your fears of failure 
keep you from reaching for your dreams?
 
If so, then allow me to introduce you to a few home business 
ideas that you can start for less than $100 and can be started 
and operated very profitably as a part-time business.
 
THE LIFEBLOOD OF ALL SUCCESSFUL BUSINESSES
 
First of all, let me advise you to search out a business model 
that will deliver steady and repeat business. It is the one 
thing --- above all others --- that will assure that your 
company can survive the test of time.
 
HOME-BASED MAIL ORDER:
Home-based mail order is a good example of how one can quickly 
grow a home business income. Mail order is a low cost start-up 
business that can be launched for around $100 USD.
 
With proper planning, your home-based mail order business will 
not require up-front inventory purchases. In the mail order 
business, it is not uncommon to rely upon drop-shippers for 
product fulfillment services.
 
By utilizing drop-shippers, we can sell the products, collect 
the money and then purchase the products from the wholesale 
outlet. The wholesale outlet will then put a return address for 
your company on the product packaging and deliver the product 
directly to your customer.
 
Your primary expense in the mail-order business is advertising. 
Classified advertising tends to be a relatively inexpensive form 
of advertising with thousands of outlets available to the small 
business owner.
 
WHOLESALE BUSINESS:
Buy low --- sell high. You can acquire high quality, 
top-of-the-line merchandise for a fraction of the retail cost. 
 
AUCTIONS:
Auctions can be an excellent source for buying cheap and selling 
high. Both government auctions and Internet auctions can lead to 
some excellent profit opportunities. Auctions are an excellent 
tool for both acquiring and selling merchandise.
 
MAKE AND SELL YOUR CRAFTS:
Crafts are a hot seller at country fairs, swap meets or anyplace 
where people gather. Make your own crafts and sell them for a 
tidy profit!
 
SELLING INFORMATION:
Selling information by mail is another good example of an 
inexpensive home based business start-up. One can gain the 
resale rights to information for usually about $50 USD. Other 
costs will include printer cartridges, paper and postage. There 
are plenty of free classifieds sites on the Internet, in which 
to successfully advertise your information.
 
WRITE INFORMATIONAL BOOKLETS:
Write and publish your own informational booklets; sell them at 
a high price! All you need is a little know-how, a printer, 
paper and stamps. This is a GREAT home business idea! You can 
also sell the resale rights to others, for extra profits. In 
this age of the Internet, you may also take advantage of the 
fact that selling information is one of the most profitable 
endeavors one can pursue online.
 
OFFICE SERVICES:
Offer office services for hire in your local paper. You`ll be 
surprised at the amount of regular office business that can be 
gleaned from one little classified ad. Word processing, typing, 
accounting, data entry, proofreading, transcription, promotional 
letters and newsletters. All these tasks can be accomplished 
right from your own home office.
 
AVON REPRESENTATIVE:
Yes, Avon`s been around for eternity, hasn`t it? Then it`s not 
such a bad prospect as a home based business, is it? I once knew 
a woman who did so much business as an Avon rep. that she had 
people calling her and knocking at her door wanting to order 
products at all hours of the day and night! Once you are an 
established Avon representative, you, too, will turn a good 
profit.
 
CONCLUSION:
On your search for the ideal home based business, try not to get 
caught up in any scams that will run off with your money. There 
are thousands of scam artists out there just waiting for the 
next sucker to come along. Remember, if it sounds too good to be 
true, then it probably is. Just use your good judgement and 
invest wisely in proven methods of earning extra income.

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